Wilson Model Course
Gain expertise in the Wilson Model, also known as EOQ, to optimise inventory management in logistics and electronics distribution. The course covers calculating economic order quantities, safety stock, reorder points, and adapting to real-world factors like discounts and demand fluctuations. Learners will develop skills to lower costs, avoid stockouts, and improve service reliability through data-driven decisions and scenario analysis.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course offers a straightforward guide to mastering the Wilson Model for EOQ and effective inventory management. Participants will classify inventory items, determine optimal order quantities, establish reorder points, and calculate safety stock levels using practical examples and basic tools. It covers handling discounts, constraints, and demand variations, culminating in report preparation that reduces costs, maintains service levels, and informs purchasing decisions.
Elevify advantages
Develop skills
- Master EOQ calculations for quick optimal order quantities in logistics scenarios.
- Optimise costs by balancing ordering, holding, and shortage expenses using EOQ.
- Design reorder systems with EOQ, ROP, and safety stock to achieve service targets.
- Estimate demand, costs, and lead times from actual logistics datasets.
- Model EOQ scenarios to support inventory policy decisions with stakeholders.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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